The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court.
While this week’s spending review was taking up most of the headlines, the government told their MPs that controversial reforms to disability benefits would go ahead.
The measures – headed up by Work and Pensions Secretary Liz Kendall – have proved mightily unpopular in Labour circles.
More than 100 MPs from government benches are thought to have concerns about the plans to cut nearly £5bn from the welfare bill by restricting personal independence payments (PIP) and the health top-up to Universal Credit.
Spiralling welfare costs, particularly in the wake of the pandemic, have been singled out as an area where the government could save money.
Sir Keir Starmer has said he wants more people returning to the “dignity” of work.
Asked by Beth if resignations could be on the cards, Baroness Harman said: “There might be. But I don’t think, not cabinet.”
She added: “There is people on a watch list at the moment, but not cabinet ministers.”
Image: Liz Kendall is heading up the reforms. Pic: PA
A report released by a House of Lords committee earlier this year revealed that around 3.7 million people of working age get health-related benefits, 1.2 million more than before the pandemic.
It also found that the government spends more (£65bn as of January) on incapacity and disability benefits than on defence.
It added that if 400,000 people out of the workforce were able to find employment, it would save the government around £10bn through tax income and lower spending on benefits.
Another area is the number of PIP claims being made – PIP is a benefit to help disabled people with the increased costs of day-to-day living.
Rebel MPs have concerns about making this harder to access.
The SEC has withdrawn over a dozen rules the agency proposed under Joe Biden, including two crypto-related rules targeting DeFi and digital asset custody.